Plant & Machinery Insurance (Owned & Hired-in)

Specialist cover for owned plant, hired-in machinery and site equipment across the UK

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We compare quotes from leading plant & machinery insurers

  • Allianz
  • Aviva
  • QBE
  • RSA
  • Zurich
  • NIG

Insurance Designed for Plant & Machinery Risk

Plant and machinery represent one of the highest value and highest risk exposures for UK construction businesses, contractors, and trades. Whether you own your equipment outright or regularly hire plant in from third-party suppliers, the financial consequences of theft, damage or liability can be severe.

Insure24 provides specialist Plant & Machinery Insurance (Owned & Hired-in) tailored for businesses operating excavators, dumpers, telehandlers, loaders, generators, compressors, access equipment, tools and specialist site machinery.

Cover is arranged to reflect how plant is actually used on UK sites - in transit, in use, left overnight, or hired in under contractual responsibility.

What Plant & Machinery Insurance Covers

  • Owned plant & machinery
  • Hired-in plant and equipment
  • Tools and site machinery
  • Accidental damage and impact losses
  • Fire, flood and vandalism
  • Theft from site, yard or storage
  • Transit between sites
  • Public liability arising from plant use
  • Business interruption following insured loss
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Owned Plant vs Hired-in Plant – Why Both Matter

Many businesses mistakenly assume hired-in plant is fully insured by the hire company. In reality, most hire agreements transfer responsibility for loss or damage to the hirer once equipment leaves the supplier’s premises.

  • Owned plant requires insurance based on replacement value
  • Hired-in plant liability is often contractual
  • Losses can be charged even without negligence
  • Downtime can halt projects and cashflow

Insure24 structures policies to cover both exposures clearly, avoiding gaps between owned and hired-in equipment.

Who Needs Plant & Machinery Insurance?

  • Construction contractors
  • Groundworks & civil engineering firms
  • Tradespeople using mechanical plant
  • Plant hire businesses
  • Developers and property contractors
  • Infrastructure & utilities contractors

Common Plant & Machinery Risks

  • Plant theft from unsecured sites
  • Damage caused by operator error
  • Collision with structures or services
  • Fire or flood damage on site
  • Contractual liability for hired-in plant
  • Project delays following plant loss

Why Choose Insure24

  • Specialists in plant & construction insurance
  • Policies aligned with real hire contracts
  • Flexible limits for high-value machinery
  • Fast quotations and knowledgeable advisers
  • UK-based claims handling
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FREQUENTLY ASKED QUESTIONS

+-What is plant and machinery insurance?

Plant and machinery insurance covers owned and hired-in equipment against theft, accidental damage, fire, vandalism and loss while in use, in transit or in storage.

+-Is hired-in plant covered?

Yes. Policies can include hired-in plant, protecting you against charges from hire companies if equipment is lost or damaged.

+-Does this cover theft from site?

Theft cover is available subject to security requirements such as immobilisers, trackers, secure storage and site protection measures.

+-Is public liability included?

Public liability cover is often included or combined, protecting against injury or property damage caused by plant and machinery operations.

+-How much does plant insurance cost?

Cost depends on plant value, usage, security, claims history and cover limits. Insure24 compares specialist insurers to secure competitive pricing.

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